Would love to see silver that cheap again, but the fundamentals? Even with the rising bond rates I don't see the dollar getting that much stronger in the near term. Despite all of the new taxes, the spending is still outpacing it. For the dollar to be that strong, it would take some serious fiscal discipline among those making the decisions with what used to be the money of the American people. Continued dollar devaluation seems more likely than not, as debt ceiling is poised to rise next month yet again.

That said, precious metals are heavily manipulated, so anything could happen. The ETF naked short game brought the prices down, physical buying reached binge levels. When the big guys have loaded up their trucks, they may just want to reverse it back up.Some are hinting that this will be sooner than later.http://www.zerohedge.com/news/2013-08-16/jpm-advises-buy-gold

High teens? Hmm, I think there is massive support at 18ish and that if we break under that we could hit 12-13 before new solid resistance is found. Under that? Not sure.

From 2003-2005, a foundation of ~$7 was established. In 2008, silver was knocked down through the 18 level to sub-$10, right around $7 again.

During 2009, a grind up from $10-20 took place, followed by over half of 2010 spent breaking through $18 for the third time.

With the 2011 spike and subsequent two-year grind down to test $18, the same pattern of 2003-2008 is happening at a greater scale.

Trends are still the same, including fiat debasement. Fiat is also the most significant wildcard. Your perspective on buying declines is a long-term one that is well suited to this situation, even when working with paper prices.

Would love to see silver that cheap again, but the fundamentals? Even with the rising bond rates I don't see the dollar getting that much stronger in the near term. Despite all of the new taxes, the spending is still outpacing it. For the dollar to be that strong, it would take some serious fiscal discipline among those making the decisions with what used to be the money of the American people. Continued dollar devaluation seems more likely than not, as debt ceiling is poised to rise next month yet again.

That said, precious metals are heavily manipulated, so anything could happen. The ETF naked short game brought the prices down, physical buying reached binge levels. When the big guys have loaded up their trucks, they may just want to reverse it back up.Some are hinting that this will be sooner than later.http://www.zerohedge.com/news/2013-08-16/jpm-advises-buy-gold

Its their game, we are just barnacles on the underside of the cargo ship trying to guess which way the captain will steer.

Well based upon how much digital dollars exist, deflation could get very turbulent. This presumes the credit expansion collapses even more than it has in the past 3-4 years. So silver $ price can go pretty low depending upon this.

But this is just one really extreme scenario that I think would be short-lived as the FED's policy is more for inflation than deflation.

i think sub 15 is good price tho, i can see 5-9$ silver but not for more then a year... price should even out in the high teens in the next few years. just cuz of the currency wars, inflation everywhere...

i think sub 15 is good price tho, i can see 5-9$ silver but not for more then a year... price should even out in the high teens in the next few years. just cuz of the currency wars, inflation everywhere...

bitcoin, because economies around the world just got an good fiat money fix, this is good for bitcoin! Bitcoin is becoming more and more big biz. so ya... i believe a valuation of 1000$ will sooner or later, be necessary! 10K bitcoins seems like a pipe dream today, but tomorrow...